News

La economía de Venezuela finalizó el 2011 con una expansión del 4%, gracias en parte a un elevado gasto gubernamental, pero el país sudamericano continuó afectado por una tasa de inflación ...
Fitch Ratings has affirmed Banco de Venezuela's (BdV) ratings as follows: --Foreign currency Issuer Default Rating (IDR) at 'B+'; --Local currency IDR ...
Venezuela’s central bank devalued its weakest legal exchange rate nearly 64 percent in its latest currency system as the cash-strapped nation attempts to ease a shortage of dollars that’s ...
Caracas, Venezuela - Venezuela launched a new currency with the new year, lopping off three zeros from denominations in a bid to simplify finances and boost confidence in a money that has been losing ...
Venezuela is set to debut a new currency that will feature six fewer zeros, a response to years of some world’s worst inflation.. The highest denomination of the Venezuelan bolivar had ...
Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls, according to a central bank resolution published on Tuesday.
Venezuela will slash six zeroes off its inflation-battered currency the bolivar to make it easier to use, the central bank said Thursday. The change will take effect October 1 with the issuance of new ...
Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy. Officials said the ...
Skyrocketing prices have ruined Venezuela’s economy with many people unable to afford even basic necessities — unless you are part of tight circle of politically connected elites with access ...
Venezuela is moving to prop up its national currency after the launch of a new version of the bolivar with six fewer zeros caused prices to spike. The central bank has injected around $40 million ...
Sales of foreign currency by Venezuela's public companies, including oil producer PDVSA, to the South American country's central bank quadrupled in 2021, according to a document seen by Reuters.